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HKEX Market Update 2024-10-24

360MiQ 0

HSI retreated -1.3% (-270 pts), closed at 20490 points.

Among the 150 largest-cap stocks, 31 (21%) closed higher. Only 28% of all HKEX stocks ended higher.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -2.6% to +0.5%. 5 sectors outperformed the market, the market internal was more negative. The market was down -1.3%; Energy was up +0.5%, the best performer; Technology was down -2.6%, the worst performer.

● SH ELECTRIC (2727) plunged -7% (-$0.16), closed at $2.14, the worst % loss in nearly 6 months. The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=2727.HK

● HWORLD (1179) rose +2.4% (+$0.7), closed at $30, is testing MA20 ($30.02). The largest increase in volume.
360miq.com/stockinfo?code=1179.HK

● CHINA COAL (1898) largely rebounded +5.3% (+$0.5), closed at $9.95, crossed above MA20 ($9.78). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=1898.HK

● NEW ORIENTAL (9901) plunged -6.5% (-$3.25), closed at $46.8, fell 4 days in a row.
360miq.com/stockinfo?code=9901.HK

360miq.com/market?data=HKEX#tab-3

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